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Subject:  Re: Effects of Qtrly Reinv.? Date:  5/20/1999  7:58 PM
Author:  Trevar Number:  8153 of 27954

...some Brokerage companies like Fidelity and Schwab DO actually provide for dividend reinvestment

My understanding is that brokers only reinvest dividends if the amount is enough to buy a full share. They don't purchase fractional shares as DRiP and DSP plans do. (Somebody please correct me if I'm wrong).

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